NCPERS News Clips

September 11, 2012

News Clips for September 11th, 2012

• Welcome to NCPERS Video Blog!
  Executive Director, Hank Kim, will be sending out a weekly video blog. He will discuss current pension related news and encourages our members to comment and submit topics.
• Florida High Court to Weigh $1 Billion State Pension Case
  The Florida Supreme Court is to hear arguments on whether Republican-backed changes to the state's public-employee pension system, touted as a way to save more than $1 billion a year, violate workers' constitutional rights.
• Panel OKs raises for Kansas public employees
  A committee overseeing state employee pay is recommending about $11.4 million in raises for underpaid state workers, with corrections officers at Kansas prisons among the groups benefiting most.
• Michigan governor signs bill attacking school employee pensions
  Michigan Republican Governor Rick Snyder signed legislation Tuesday requiring the state's 475,000 active and retired public school employees to contribute more toward their pensions and eliminating fully paid retiree health care benefits for newly hired teachers. The bill is widely seen as the first step in a move to eliminate school pensions altogether.
• Ohio lawmakers near vote on reform to public pensions
  Rep. Kirk Schuring, R-Canton and chairman of the House subcommittee that has had hearings in recent weeks on the legislation, said he expects the panel and the full House Health and Aging Committee to sign off on the proposals on Monday with a floor vote by midweek.
•  Is California ready for state-run private pensions?
  OpEd: As the nation debates public health care and governments grapple with public employee pension obligations, California may be on the verge of a new entitlement — state-sponsored retirements for private workers.